Economics 2 -Lejeune

Productive Resources are

• resources used to make goods and provide services

• can only be found in nature

Capital Resource

• A resource from nature that can be used to provide goods and services.

• A good that is used to produce other goods and services.

Human Resource

• The time and skills of a person who produces goods and services.

• A good that is used to produce other goods and services.

Natural Resource

• A person who starts a business and provides goods and services.

• A resource from nature that can be used to produce goods and services.

Entrepreneur

• A person who starts a business and provides goods and services.

• A resource from nature that can be used to produce goods and services.

Trees, land, iron ore, minerals are examples of

• human resources

• capital resources

• natural resources

Factory workers, farmers and teachers are examples of

• human resources

• capital resources

• natural resources

Tractors, computers, and a warehouse are examples of

• human resources

• capital resources

• natural resources

A person who starts an entrepreneurship

• is lazy, doesn't plan, nor makes a profit.

• makes a profit, takes risks, plans out things

Table, straws, drink machine, and tables are examples of

• human resources

• natural resources

• capital resources